Law 5/2019 of March 15 regulating real estate credit contracts

Last March, Law 5/2019 of March 15 regulating real estate credit contracts was published. The law transposes the European Directive into Spanish law with the aim of promoting legal certainty, transparency and understanding of loan contracts with mortgage guarantees on real estate for residential use in which consumers are involved, regulating the distribution of expenses and commissions. in this type of contract, as well as the minimum content of the information to be provided to the client and the sanctioning regime. To expand this information, we attach the full content of both standards…